Petrus Resources Ltd. (TSE:PRQ) Senior Officer Mathew Wong Sells 14,000 Shares

Petrus Resources Ltd. (TSE:PRQ) Senior Officer Mathew Wong sold 14,000 shares of the business’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$1.37, for a total transaction of C$19,180.00.

Mathew Wong also recently made the following trade(s):

• On Thursday, June 5th, Mathew Wong bought 15,000 shares of Petrus Resources stock. The shares were purchased at an average cost of C$1.30 per share, with a total value of C$19,500.00.

Petrus Resources Stock Performance

Shares of TSE:PRQ remained flat at C$1.37 on Tuesday. 10,800 shares of the stock traded hands, compared to its average volume of 38,201. The firm’s 50 day moving average price is C$1.30 and its 200 day moving average price is C$1.35. Petrus Resources Ltd. has a one year low of C$1.17 and a one year high of C$1.55. The company has a debt-to-equity ratio of 19.79, a current ratio of 0.42 and a quick ratio of 0.48. The stock has a market capitalization of C$172.67 million, a price-to-earnings ratio of 4.04 and a beta of 3.02.

Petrus Resources Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.12 annualized dividend and a dividend yield of 8.76%. Petrus Resources’s payout ratio is 35.41%.

About Petrus Resources

Petrus Resources Ltd is a company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company’s core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.